Great Elm Capital Corp., PennantPark Floating Rate Capital Ltd., Another 8 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Great Elm Capital Corp. (GECC), PennantPark Floating Rate Capital Ltd. (PFLT), Cohen & Steers Reit and (RNP) have the highest dividend yield stocks on this list.

Close to 2K companies listed in the Nasdaq and NYSE pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.

1. Great Elm Capital Corp. (GECC) – Dividend Yield: 18.47%

Great Elm Capital Corp.’s last close was $7.58, 47.72% below its 52-week high of $14.50. Intraday change was -1.94%.

Great Elm Capital Corporation is a business development company which specializes in loan and mezzanine, middle market investments. The fund prefers to invest in media, commercial services and supplies, healthcare, telecommunication services, communications equipment. It typically makes equity investments between $3 million and $10 million in companies with revenues between $3 million and $75 million.

Earnings Per Share

As for profitability, Great Elm Capital Corp. has a trailing twelve months EPS of $-0.3.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -2.9%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 18.47%.

Volume

Today’s last reported volume for Great Elm Capital Corp. is 42428 which is 23.95% above its average volume of 34228.

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2. PennantPark Floating Rate Capital Ltd. (PFLT) – Dividend Yield: 11.52%

PennantPark Floating Rate Capital Ltd.’s last close was $10.68, 19.21% under its 52-week high of $13.22. Intraday change was -0.63%.

PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.

Earnings Per Share

As for profitability, PennantPark Floating Rate Capital Ltd. has a trailing twelve months EPS of $-0.35.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -2.35%.

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3. Cohen & Steers Reit and (RNP) – Dividend Yield: 8.78%

Cohen & Steers Reit and’s last close was $18.86, 26.56% below its 52-week high of $25.68. Intraday change was -0.33%.

Cohen & Steers REIT and Preferred Income Fund, Inc. is a closed-ended balanced mutual fund launched by Cohen & Steers Inc. It is managed by Cohen & Steers Capital Management, Inc. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in the stocks of companies operating in the real estate sector including real estate investment trusts. For its fixed income portfolio, the fund typically invests in debt and preferred securities of companies operating across diversified sectors. It employs fundamental analysis to create its fixed income portfolio with a focus on the issuer's creditworthiness, corporate and capital structure, placement of the preferred or debt securities within that structure, momentum and other exogenous signals, and relative value versus other income security classes and for its equity portfolio also it employs fundamental analysis to create its portfolio with a focus on growth potential, earnings estimates, and the quality of management. The fund benchmarks the performance of its portfolio against the FTSE NAREIT Equity Index, S&P 500 Index, Merrill Lynch Fixed Rate Preferred Index, and FTSE NAREIT Equity REIT Index. It was formerly known as Cohen & Steers REIT & Preferred Balanced Income Fund. Cohen & Steers REIT and Preferred Income Fund, Inc. was formed on June 27, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, Cohen & Steers Reit and has a trailing twelve months EPS of $-6.44.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -9.16%.

Yearly Top and Bottom Value

Cohen & Steers Reit and’s stock is valued at $18.80 at 17:15 EST, way under its 52-week high of $25.68 and higher than its 52-week low of $17.40.

Volume

Today’s last reported volume for Cohen & Steers Reit and is 40812 which is 66.97% below its average volume of 123588.

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4. Territorial Bancorp (TBNK) – Dividend Yield: 7.37%

Territorial Bancorp’s last close was $12.41, 51.33% under its 52-week high of $25.50. Intraday change was 3.76%.

Territorial Bancorp Inc. operates as the holding company for Territorial Savings Bank that provides various financial services to individuals, families, and businesses in the State of Hawaii. The company offers a range of deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and Super NOW accounts. It also provides various loan products comprising one-to four-family residential mortgage; home equity; consumer; multi-family mortgage; commercial business; and construction, commercial, and other nonresidential real estate loans, as well as lines of credit and investment securities. In addition, the company engages in insurance agency activities. Further, it provides various non-deposit investments, including annuities and mutual funds through a third-party broker-dealer. The company operates through a network of 29 full-service branches located in the state of Hawaii. Territorial Bancorp Inc. was founded in 1921 and is based in Honolulu, Hawaii.

Earnings Per Share

As for profitability, Territorial Bancorp has a trailing twelve months EPS of $1.54.

PE Ratio

Territorial Bancorp has a trailing twelve months price to earnings ratio of 8.06. Meaning, the purchaser of the share is investing $8.06 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.38%.

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5. T. Rowe Price Group (TROW) – Dividend Yield: 4.25%

T. Rowe Price Group’s last close was $114.18, 15.2% below its 52-week high of $134.64. Intraday change was -1.62%.

T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Shanghai, China; Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, Amsterdam, Netherlands and Washington, DC.

Earnings Per Share

As for profitability, T. Rowe Price Group has a trailing twelve months EPS of $6.12.

PE Ratio

T. Rowe Price Group has a trailing twelve months price to earnings ratio of 18.35. Meaning, the purchaser of the share is investing $18.35 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.64%.

Yearly Top and Bottom Value

T. Rowe Price Group’s stock is valued at $112.33 at 17:15 EST, way under its 52-week high of $134.64 and way higher than its 52-week low of $93.53.

Volume

Today’s last reported volume for T. Rowe Price Group is 602000 which is 54.44% below its average volume of 1321580.

Volatility

T. Rowe Price Group’s last week, last month’s, and last quarter’s current intraday variation average was 0.70%, 0.36%, and 1.24%.

T. Rowe Price Group’s highest amplitude of average volatility was 1.42% (last week), 1.36% (last month), and 1.24% (last quarter).

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6. Nuveen New York Dividend Advantage Municipal Fund (NAN) – Dividend Yield: 4.21%

Nuveen New York Dividend Advantage Municipal Fund’s last close was $10.66, 12.34% below its 52-week high of $12.16. Intraday change was 1.03%.

Nuveen New York Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in municipal bonds, with a rating of Baa or higher. It employs fundamental analysis, with bottom-up stock picking approach, to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor's New York Municipal Bond Index and Standard & Poor's National Municipal Bond Index. The fund was formerly known as Nuveen New York Dividend Advantage Municipal Fund. Nuveen New York Quality Municipal Income Fund was formed on May 26, 1999 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen New York Dividend Advantage Municipal Fund has a trailing twelve months EPS of $-1.88.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 0.45 and the estimated forward annual dividend yield is 4.21%.

Yearly Top and Bottom Value

Nuveen New York Dividend Advantage Municipal Fund’s stock is valued at $10.77 at 17:15 EST, way below its 52-week high of $12.16 and way higher than its 52-week low of $9.65.

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7. Virtus Investment Partners (VRTS) – Dividend Yield: 3.11%

Virtus Investment Partners’s last close was $215.38, 13.23% under its 52-week high of $248.23. Intraday change was -2.34%.

Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets. The firm also invests in exchange traded funds. It employs a multi manager approach for its products. The firm employs quantitative analysis to make its investments. It benchmarks the performance of its portfolios against the S&P 500 Index. The firm conducts in-house research to make its investments. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut.

Earnings Per Share

As for profitability, Virtus Investment Partners has a trailing twelve months EPS of $16.49.

PE Ratio

Virtus Investment Partners has a trailing twelve months price to earnings ratio of 12.76. Meaning, the purchaser of the share is investing $12.76 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.68%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Virtus Investment Partners’s stock is considered to be oversold (<=20).

Revenue Growth

Year-on-year quarterly revenue growth declined by 21.6%, now sitting on 831.81M for the twelve trailing months.

Volatility

Virtus Investment Partners’s last week, last month’s, and last quarter’s current intraday variation average was 0.09%, 0.90%, and 1.66%.

Virtus Investment Partners’s highest amplitude of average volatility was 1.55% (last week), 1.78% (last month), and 1.66% (last quarter).

Moving Average

Virtus Investment Partners’s value is way above its 50-day moving average of $186.74 and way above its 200-day moving average of $188.58.

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8. Central Valley Community Bancorp (CVCY) – Dividend Yield: 3.09%

Central Valley Community Bancorp’s last close was $15.52, 40.28% under its 52-week high of $25.99. Intraday change was -1.4%.

Central Valley Community Bancorp operates as the bank holding company for the Central Valley Community Bank that provides various commercial banking services to small and middle-market businesses and individuals in the central valley area of California. The company accepts demand, savings, and time deposits; NOW and money market accounts; certificates of deposit; and non-interest bearing demand deposits. Its loan products include commercial and industrial loans, as well as loans secured by crop production and livestock; owner occupied and investor commercial real estate, real estate construction and other land, agricultural real estate, and other real estate loans; and equity loans and lines of credit, and installment and other consumer loans. The company also offers domestic and international wire transfer, safe deposit box, Internet banking, and other customary banking services. As of December 31, 2020, the company operated 20 full-service banking offices in Cameron Park, Clovis, Exeter, Folsom, Fresno, Gold River, Kerman, Lodi, Madera, Merced, Modesto, Oakhurst, Prather, Roseville, Sacramento, Stockton, and Visalia. Central Valley Community Bancorp was founded in 1979 and is headquartered in Fresno, California.

Earnings Per Share

As for profitability, Central Valley Community Bancorp has a trailing twelve months EPS of $2.35.

PE Ratio

Central Valley Community Bancorp has a trailing twelve months price to earnings ratio of 6.6. Meaning, the purchaser of the share is investing $6.6 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 14.73%.

Moving Average

Central Valley Community Bancorp’s value is under its 50-day moving average of $15.69 and way below its 200-day moving average of $19.48.

Sales Growth

Central Valley Community Bancorp’s sales growth is 9% for the ongoing quarter and 7.9% for the next.

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9. UBS Group (UBS) – Dividend Yield: 2.71%

UBS Group’s last close was $20.41, 8.48% below its 52-week high of $22.30. Intraday change was -1.49%.

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advice and solutions, and lending solutions. This segment also provides estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions. The Personal & Corporate Banking division provides personal banking products and services, such as deposits, cards, and online and mobile banking, as well as lending, investments, and retirement services; and corporate and institutional solutions, including equity and debt capital markets, syndicated and structured credit, private placements, leasing, traditional financing, trade and export finance, and global custody solutions, as well as transaction banking solutions for payment and cash management. The Asset Management division offers equities, fixed income, hedge funds, real estate and private markets, indexed and alternative beta strategies, asset allocation and currency investment strategies, customized multi-asset solutions, advisory and fiduciary services, and multi-manager hedge fund solutions and advisory services. The Investment Bank division advises clients on strategic business opportunities and helps them raise capital to fund their activities; enables its clients to buy, sell, and finance securities on capital markets and to manage their risks and liquidity; distribute, trade, finance, and clear cash equities and equity-linked products; and offers clients differentiated content on major financial markets and securities. The company was formerly known as UBS AG and changed its name to UBS Group AG in December 2014. UBS Group AG was founded in 1862 and is based in Zurich, Switzerland.

Earnings Per Share

As for profitability, UBS Group has a trailing twelve months EPS of $1.96.

PE Ratio

UBS Group has a trailing twelve months price to earnings ratio of 10.26. Meaning, the purchaser of the share is investing $10.26 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.27%.

Volume

Today’s last reported volume for UBS Group is 1873090 which is 57.11% below its average volume of 4367800.

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10. Merck (MRK) – Dividend Yield: 2.67%

Merck’s last close was $109.32, 8.63% below its 52-week high of $119.65. Intraday change was 1.14%.

Merck & Co., Inc. operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular, and diabetes, as well as vaccine products, such as preventive pediatric, adolescent, and adult vaccines. The Animal Health segment discovers, develops, manufactures, and markets veterinary pharmaceuticals, vaccines, and health management solutions and services, as well as digitally connected identification, traceability, and monitoring products. The company serves drug wholesalers and retailers, hospitals, and government agencies; managed health care providers, such as health maintenance organizations, pharmacy benefit managers, and other institutions; and physicians and physician distributors, veterinarians, and animal producers. It has collaborations with AstraZeneca PLC; Bayer AG; Eisai Co., Ltd.; Ridgeback Biotherapeutics LP; and Gilead Sciences, Inc. to jointly develop and commercialize long-acting treatments in HIV. Merck & Co., Inc. was founded in 1891 and is headquartered in Rahway, New Jersey.

Earnings Per Share

As for profitability, Merck has a trailing twelve months EPS of $5.12.

PE Ratio

Merck has a trailing twelve months price to earnings ratio of 21.6. Meaning, the purchaser of the share is investing $21.6 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 29.69%.

Sales Growth

Merck’s sales growth is negative 1.3% for the current quarter and 2% for the next.

Revenue Growth

Year-on-year quarterly revenue growth declined by 8.9%, now sitting on 57.87B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 1.1% and positive 7.6% for the next.

Yearly Top and Bottom Value

Merck’s stock is valued at $110.57 at 17:15 EST, below its 52-week high of $119.65 and way higher than its 52-week low of $84.52.

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